If a company has noncumulative preferred stock, basic earnings per share is equal to net income less preferred dividends declared divided by the number of weighted average common shares outstanding.

Answer the following statement true (T) or false (F)


True

Business

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Which of the following is false regarding a merchandising firm?

a. A merchandising firm purchases inventory for resale. b. A merchandising firm does not change the physical form of the inventory. c. A merchandising firm performs no incremental work on the inventory. d. A merchandising firm adds nothing to the acquisition cost of the inventory after it is purchased. e. None of the above are false regarding a merchandising firm.

Business

The introduction to market activities include

a. deciding where, when, how, and to whom a new product should be launched b. seeking the target market's reaction to a new product c. using break-even analysis to determine the attractiveness of the proposal d. developing a preliminary outline of the marketing strategy it will use to introduce the product e. develop brochures, schedules, ads, marketing materials and other materials

Business

The most important part of any bad-news message is the ____________________ that explain or justify the bad news

Fill in the blank(s) with correct word

Business

To create a valid, enforceable contract, the first party must use the expression "I offer...". and the second party must write or say "I accept..."

Indicate whether the statement is true or false

Business